Kraft to cut 200 jobs as it invests
Tuesday 6th December 2011, 9:00PM GMT.
Kraft Foods is to cut 200 jobs under plans which include a £50 million investment in its chocolate and biscuit manufacturing, the firm said today.
The group, which bought chocolate giant Cadbury and has a site in Chirk in North Wales, said it will be making ‘significant investments’ over the next two years.
But 200 jobs will be cut through redeployment and voluntary redundancies over two years from next March.
Kraft said its proposals were designed to keep Bournville, the Birmingham-based home of Cadbury’s, at the heart of the industry, and to bring biscuit-making to Kraft in the UK for the first time.
Around £6 million will be invested in biscuit-making at the firm’s Sheffield plant, with the creation of 20 jobs, while £44 million will be invested in chocolate manufacturing, benefiting Bourn-ville, Chirk and Marlbrook in Herefordshire.
Neil Chapman, Kraft’s manufacturing director, UK chocolate, said: “We continue to invest in our people and facilities, so we can increase productivity and transform our business.”
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